Abstract
There are several such points of view about the relationship between equity and efficiency as the theory of equity priority, the theory of efficiency priority, the theory of equity priority with efficiency considered, the theory of equity and efficiency with equal priority, the theory of mutual complement in equity and efficiency and so on In the article, it is pointed out that efficiency is also value-oriented and equity should be analyzed from the angle of social and historical philosophy. uity and efficiency are two indivisible parts governed by the same production relation. Moreover, a conclusion is arrived at after discussion in the article that equity and efficiency can be and must be considered equally.
| Translated title of the contribution | On the Relationship between Equity and Efficiency |
|---|---|
| Original language | Chinese (Simplified) |
| Pages (from-to) | 130-137 |
| Number of pages | 8 |
| Journal | Journal of Economics of Shanghai School |
| Volume | 2 |
| Issue number | 4 |
| Publication status | Published - 2004 |
Keywords
- equity and efficiency
- production relations
- income distribution market-oriented distribution according to work
- the theory of mutual complement